President Ranil Wickremesinghe is scheduled to make a special statement to the nation today (21) regarding the IMF Executive Board s approval for Sri Lanka s request for an extended arrangement under the Extended Fund Facility (EFF). MORE..
21 Mar 2023 (9:20 AM)
Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe s office said on March 20, 2023 on the eve of a desperately needed $2.9 billion IMF bailout. MORE..
20 Mar 2023 (10:51 PM)
The Executive Board of the International Monetary Fund (IMF) has approved the Extended Fund Facility to Sri Lanka at its board meeting held today, according to State Minister of Finance Shehan Semasinghe. MORE..
20 Mar 2023 (11:54 PM)
Police Special Task Force (STF) has arrested a woman who is said to be a major accomplice in the drug syndicate of "Ratmalane Devinda", who handles drug deals in Ratmalana, Mount Lavinia and Moratuwa areas from abroad. MORE..
21 Mar 2023 (12:46 PM)
Three Fundamental Rights (FR) petitions filed requesting the annulment of former President Gotabaya Rajapaksa s decision to pardon former MP Duminda Silva, who was convicted and sentenced to death over the murder of Bharatha Lakshman Premachandra, have been taken up for hearing once again today (March 20) before the Supreme Court. MORE..
20 Mar 2023 (8:44 PM)
Sri Lanka, with the help of its legal and financial advisors, must present a debt restructuring strategy before the end of April 2023 in order to reach the International Monetary Fund s targets to achieve debt sustainability, Peter Breuer, the IMF Asia Pacific Department s Senior Mission Chief for Sri Lanka said today. MORE..
21 Mar 2023 (2:29 PM)